Financial wellbeing and rising cost of living

2023 National Seniors Australia research

As inflation soars to the highest rates in two decades, older Australians are becoming increasingly concerned about their capacity to manage the rising cost of living.

Source: Challenger
About the research: The cost of living and older Australians’ financial wellbeing studies how pressures from the cost of living are affecting the lifestyle, retirement finances and the financial security of older Australians (aged 50+). The research is a joint partnership between National Seniors Australia and Challenger and is one of the largest comprehensive surveys of older Australians. You can access the full report here:

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